Tranche A Commitments. From and including the Closing Date and prior to the Termination Date, each Tranche A Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Tranche A Loans in Agreed Currencies to any Borrower from time to time in a principal amount not to exceed in the aggregate at any one time outstanding for all of the Borrowers the Dollar Amount of its Tranche A Commitment; provided that (a) all Tranche A Loans that are Base Rate Loans or Same Day Dollar Loans shall be made in Dollars, (b) the Dollar Amount of the outstanding principal of Tranche A Loans shall not at any time exceed the Total Tranche A Commitment and (c) the aggregate Dollar Amount of the outstanding principal of all outstanding Tranche A Loans of any Tranche A Lender shall not exceed such Tranche A Lender’s Tranche A Commitment. Subject to the terms of this Agreement, any Borrower may borrow, repay and reborrow Tranche A Loans at any time prior to the Termination Date. The Tranche A Commitments shall expire on the Termination Date.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender agrees to make Tranche A Revolving Loans denominated in US Dollars, Sterling and Euro to the Tranche A Borrowers from time to time during the Availability Period in an aggregate principal amount at any time outstanding that will not result in (A) the aggregate Tranche A Revolving Credit Exposures exceeding the aggregate Tranche A Commitments or (B) the Tranche A Revolving Credit Exposure of any Lender exceeding its Tranche A Commitment. Within the foregoing limits and subject to the terms and conditions set forth herein, the Tranche A Borrowers may borrow, prepay and reborrow Tranche A Revolving Loans.
Tranche A Commitments. From and after the Amendment No. 3 Effective Date, the Tranche A Commitment of each Tranche A Lender shall be the amount set forth opposite such Tranche A Lender’s name on Schedule 2.01 to the Loan Agreement (as amended hereby and attached hereto as Exhibit A) under the caption “Tranche A Commitment” as such amount may be reduced pursuant to the terms of the Loan Agreement, and such amount (if changed) shall supersede and be deemed to amend the amount of such Tranche A Lender’s Tranche A Commitment as set forth on Schedule 2.01 to the Loan Agreement as in effect immediately prior to the Amendment No. 3 Effective Date.
Tranche A Commitments. Each of the actions set forth in Section 5 shall have occurred.
Tranche A Commitments. Any part of the Tranche A Commitments not utilised under this agreement before the expiry of the Tranche A Availability Period will be cancelled automatically on the expiry of the Tranche A Availability Period.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender agrees to make Tranche A Revolving Loans denominated in U.S. Dollars to any Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Tranche A Lender’s Tranche A Revolving Credit Exposure exceeding such Tranche A Lender’s Tranche A Commitment or (ii) the sum of the total Tranche A Revolving Credit Exposures plus the aggregate principal amount of outstanding Tranche A Competitive Loans exceeding the total Tranche A Commitments. Within the foregoing [[NYCORP:3024149v15:4452W:11/30/07--12:40 p]] limits and subject to the terms and conditions set forth herein, a Borrower may borrow, prepay and reborrow Tranche A Revolving Loans.
Tranche A Commitments. (i) Subject to the terms and conditions and relying on the representations and warranties set forth herein, the Tranche A Fronting Bank shall, from time to time on or after the date hereof and until the earlier of the Tranche A Maturity Date and the termination of the Tranche A Funding Amounts, make one or more Tranche A Loans to the Borrower in an aggregate principal amount that will not result in the total Tranche A Exposures exceeding the lesser of the balance of the Tranche A Credit-Linked Deposit Account (excluding any portion of the Tranche A Credit-Linked Deposit Account attributable to interest) or the total Tranche A Funding Amounts. The Tranche A Fronting Bank shall have the option, but not the obligation, to fund Tranche A Loans on behalf of the Tranche A Lenders directly from the Tranche A Credit-Linked Deposit Account in lieu of funding such loans on a fronted basis. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Tranche A Loans.
(ii) By the making of a Tranche A Loan, and without any further action on the part of the Tranche A Fronting Bank or the Tranche A Lenders, the Tranche A Fronting Bank hereby grants to each Tranche A Lender, and each Tranche A Lender hereby acquires from the Tranche A Fronting Bank, a participation in such Loan equal to such Lender’s Tranche A Pro Rata Percentage of the principal amount thereof. Each Tranche A Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Tranche A Loans is absolute and unconditional and shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default or reduction or termination of the Tranche A Funding Amounts.
(iii) In consideration and in furtherance of the foregoing, each Tranche A Lender hereby absolutely and unconditionally authorizes and directs the Administrative Agent to withdraw from the Tranche A Credit-Linked Deposit Account (and debit such Lender’s Tranche A Credit-Linked Sub-Account in the amount of) such Lender’s Tranche A Pro Rata Percentage of the principal amount of each Tranche A Loan not paid when due (whether at stated maturity, acceleration or otherwise), or of any payment of principal of any Tranche A Loan required to be refunded to the Borrower for any reason (it being understood and agreed that each Tranche A Lender’s obligations in respect of participations in Tranche A Loans shal...
Tranche A Commitments. Subject to the terms and conditions of this Agreement, each Lender agrees, for itself only, to make Advances to the Company from time to time from the Effective Date until the Termination Date on any Business Day up to an aggregate principal amount which, when added to such Lender's pro rata portion of the Letter of Credit Obligations outstanding at such time, shall not exceed the amount set forth opposite its name on the signature pages hereof as its Commitment. Subject the terms of this Agreement, the Company may request that an Advance be made in Dollars or Dutch Guilders, provided, that the maximum principal amount of Dutch Guilder Advances that may be outstanding at any one time to all the Lenders may not exceed the Equivalent Amount of US$10,000,000 ("Dutch Guilder Limit"). It is agreed that the London Agent will only make Dutch Guilder Advances and NBD Bank will only make US Advances and provided further that the amount of NBD Bank's Commitment will be reduced Dollar for Dollar by the Dollar Amount of any outstanding Dutch Guilder Advances. Until such time as the Agent receives the Guaranty executed by Kurstjens Terra-Gator B.V., no Dutch Guilder Advances will be made by the US Lenders.
Tranche A Commitments. (a) Subject to the terms and ---------------------- conditions set forth herein, each Lender agrees to make Tranche A Loans to the Borrower at any time and from time to time during the Tranche A Availability Period in an aggregate principal amount not exceeding its remaining Tranche A Commitment at the time; provided that (i) the aggregate principal amount of Tranche A Loans made prior to the Tranche A Full Availability Date shall not exceed the Initial Loan Limit and (ii) on and after the Tranche A Full Availability Date, the Lenders shall not be required to make Tranche A Loans in an amount that would result in the aggregate principal amount of all Tranche A Loans made hereunder exceeding 200% of the aggregate Net Proceeds received by the Borrower from contributions of equity capital or the issuance of Other Debt subsequent to April 27, 1998. Amounts repaid in respect of Tranche A Loans may not be reborrowed.
(b) On and as of the Effective Date, all Bridge Loans outstanding as of such date shall become and be converted into Tranche A Loans outstanding hereunder and, for purposes of Section 2.06(b), the Tranche A Lenders shall be deemed to have made Tranche A Loans on the Effective Date in an aggregate principal amount equal to such Bridge Loans. All Deferred Interest on, and all other accrued interest on the outstanding principal of or Deferred Interest on, such Bridge Loans as of the Effective Date shall continue to constitute Deferred Interest on, or accrued interest on the outstanding principal of or Deferred Interest on, the Tranche A Loans resulting from the conversion of such Bridge Loans.
Tranche A Commitments. (a) Subject to the terms and conditions hereof, each Lender severally and not jointly with the other Lenders agrees to make revolving credit loans (collectively, the "TRANCHE A LOANS") to the Borrower from time to time during the Tranche A Commitment Period in an aggregate principal amount at any one time outstanding (i) which, when added to such Lender's Tranche A Commitment Percentage of the then Letter of Credit Outstandings, does not exceed the amount of such Lender's Tranche A Commitment and (ii) which does not exceed such Lender's Tranche A Commitment Percentage of the then applicable Maximum Outstanding Amount. During the Tranche A Commitment Period, the Borrower may use the Tranche A Commitments by borrowing, prepaying the Tranche A Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions of this Agreement.
